{"schema_version":"secwatch.filing_event.v1","accession":"0001441683-23-000076","form_type":"8-K","ticker":"APPN","cik":"0001441683","company_name":"APPIAN CORP","filed_at":"2023-09-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.933789+00:00","generated_at":"2026-06-10T22:41:42.682667+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Appian secures $500M insurance floor for $2.1B Pegasystems judgment","bullets":["Policy covers $500M of $2.1B award; if final judgment is less, Appian receives difference.","Premium $57.3M (9.8% of limit) paid from cash; no further payments required.","Oversubscribed syndicate of highly rated insurers; Appian bears risk if Pegasystems cannot pay above $500M.","CEO says policy secures significant floor for shareholders; GC expresses confidence in appeal."],"urls":{"canonical":"https://secwatch.observer/filing/0001441683-23-000076","json":"https://secwatch.observer/filing/0001441683-23-000076.json","markdown":"https://secwatch.observer/filing/0001441683-23-000076.md","text":"https://secwatch.observer/filing/0001441683-23-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1441683/000144168323000076/0001441683-23-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1441683/000144168323000076/appn-20230907.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T22:41:42.682667+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"33fbeecde4cb09b53497ebe389163cbe80af036b","claim":"APPIAN CORP entered into the Policy with a large syndicate of highly rated insurers valued at $500.0 million (effective 2023-09-01).","evidence_excerpt":"On September 1, 2023, Appian Corporation (“Appian”) bound a $500.0 million judgment preservation insurance policy (“the Policy”) in connection with its $2.1 billion judgment against Pegasystems Inc.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1441683/000144168323000076/0001441683-23-000076-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"a large syndicate of highly rated insurers"},{"label":"Value","value":"$500.0 million"},{"label":"Effective","value":"2023-09-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}